Biotechnology

Biotechnology is considered to be a quickly emerging and far-reaching technology. It's a branch of science that plays a major role in the development and growth of India. Biotechnology refers to any technological application that uses biological systems and forms in a governable manner, to not only produce new and useful processes or products but also modify the existing ones. It benefits both mankind and other life forms, such as microorganisms...

Funding for renewable energy projects is expected to become easier in India as Banks and private equity investors begin to look at clean energy projects as viable businesses propositions to invest in. HSBC chief executive, Stuart Davis, said that there were numerous investors who were keen on getting into the renewable sector if a viable business proposition from the sector is proposed. As such, it is hoped the ease of funding will follow such...

Cipla announced an investment of $65 million, about Rs 300 crore, for the acquisition of stakes in 2 (Indian and Chinese) Biotechnology companies on Tuesday. With the investment in the two biotech companies, Cipla joins the rank of Indian rivals such as Wockhardt and Biocon in a bid to gain from the $90 billion global biogenerics market. The company will buy a 40% stake in MabPharm, an Indian biotech company for an estimated investment sum...